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31 (Harmonized System 1992 for 2-digit)

2022
World Trade $143BRnk 32 / 96
2022
Top Exporter | Top Importer $18.7B | $22.5BRussia | Brazil
2022
Product Complexity -1.3Rnk 90 / 96
2021 - 2022
Export Growth (CAGR) 46.7%Rnk 2 / 96
2022
Share of World Trade 0.6%Rnk 32 / 96

About

Overview This page contains the latest trade data of Fertilizers. In 2022, Fertilizers were the world's 32nd most traded product, with a total trade of $143B. Between 2021 and 2022 the exports of Fertilizers grew by 46.7%, from $97.4B to $143B. Trade in Fertilizers represent 0.6% of total world trade.

Fertilizers are a part of Chemical Products. They include Nitrogenous Fertilizers, Mixed Mineral or Chemical Fertilizers, Potassic Fertilizers, Phosphatic Fertilizers, and Animal or Vegetable Fertilizers.

Exports In 2022 the top exporters of Fertilizers  were Russia ($18.7B), Canada ($14.5B), China ($12.7B), United States ($8.19B), and Morocco ($7.92B).

Imports In 2022 the top importers of Fertilizers were Brazil ($22.5B), India ($17B), United States ($13.3B), China ($4.79B), and France ($4.63B).

Ranking Fertilizers ranks 90th in the Product Complexity Index (PCI).

Latest Trends

Latest Data

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Flow
Y-AXIS SCALE

The following visualization shows the latest trends on Fertilizers. Countries are shown based on data availability.

For a full breakdown of trade patterns, visit the trend explorer or the product in country profile.

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* Trade values are converted to USD using each month's exchange rate. For December 2023 data, the exchange rate from December 30, 2023 is used.

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Historical Data

Exporters and Importers

Top Origin (2022)Russia$18.7B
Top Destination (2022)Brazil$22.5B

In 2022 Fertilizers were the world's 32nd most traded product (out of 96).

In 2022, the top exporters of Fertilizers were Russia ($18.7B), Canada ($14.5B), China ($12.7B), United States ($8.19B), and Morocco ($7.92B).

In 2022, the top importers of Fertilizers were Brazil ($22.5B), India ($17B), United States ($13.3B), China ($4.79B), and France ($4.63B).

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Exporters of Fertilizers (2022)
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Importers of Fertilizers (2022)
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Market Dynamics

Color
Top Origin Growth (2021 -  2022)Canada$7.54B
Top Destination Growth (2021 -  2022)India$8.73B

Between 2021 and 2022, the exports of Fertilizers grew the fastest in Canada ($7.54B), Russia ($5.54B), United States ($3.98B), Saudi Arabia ($2.15B), and Morocco ($2.09B).

Between 2021 and 2022, the fastest growing importers of Fertilizers were India ($8.73B), Brazil ($6.5B), United States ($2.93B), China ($2.07B), and France ($1.88B).

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Exporters of Fertilizers (2021 - 2022)

Importers of Fertilizers (2021 - 2022)

Market Concentration

Value

This chart shows the evolution of the market concentration of exports of Fertilizers.

In 2022, market concentration measured using Shannon Entropy, was 5.03. This means that most of the exports of Fertilizers are explained by 32 countries.

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Value of Exports in Fertilizers

Net Trade

TOP NET EXPORTER (2022)Russia$18.6B
TOP NET IMPORTER (2022)Brazil$22.2B

This map shows which countries export or import more of Fertilizers. Each country is colored based on the difference in exports and imports of Fertilizers during 2022.

In 2022, the countries that had a largest trade value in exports than in imports of Fertilizers were Russia ($18.6B), Canada ($11.4B), China ($7.91B), Morocco ($7.48B), and Saudi Arabia ($6.29B).

In 2022, the countries that had a largest trade value in imports than in exports of Fertilizers were Brazil ($22.2B), India ($16.9B), United States ($5.13B), France ($3.64B), and Australia ($3.24B).

Net Trade (2022)

Disaggregation

Value
Disaggregation

In 2022, the world most traded Fertilizers, disaggragated by their HS6 level were Nitrogenous Fertilizers ($60.1B), Mixed Mineral or Chemical Fertilizers ($45B), Potassic Fertilizers ($32.7B), Phosphatic Fertilizers ($3.91B), and Animal or Vegetable Fertilizers ($1.28B)

HS6 Disaggregation for Fertilizers (2022)
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Country Comparison

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Measure
Ranking

This visualization shows the countries that have an important ratio of their trade related to Fertilizers.
It is possible to select the main countries that export or import Fertilizers in the world, or by continent, as well as select the measure of interest.

Top 10 Exporters Countries of Fertilizers by percentage of total exports

Potential Exports

Potential Exports

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TOP EXPORT POTENTIALUnited States+ $675M
TOP IMPORT POTENTIALRussia+ $49.9M

Fertilizers’s highest export potential is United States. With an export gap of $675M.  Fertilizers’s highest import potential is Russia with an import gap of $49.9M.

See methodology.

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Product Complexity

Diversification Frontier

Specialization

The Complexity-Relatedness diagram compares the risk and the strategic value of a product's potential export opportunities. Relatedness is predictive of the probability that a country increases its exports in a product. Complexity, is associated with higher levels of income, economic growth potential, lower income inequality, and lower emissions.

Relatedness vs Country Complexity (2022)

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